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Has Autohome (ATHM) Outpaced Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Autohome (ATHM - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Autohome is one of 641 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ATHM is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for ATHM's full-year earnings has moved 5.52% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, ATHM has gained about 45.99% so far this year. In comparison, Computer and Technology companies have returned an average of 22.48%. This shows that Autohome is outperforming its peers so far this year.

Looking more specifically, ATHM belongs to the Internet - Services industry, a group that includes 50 individual stocks and currently sits at #178 in the Zacks Industry Rank. On average, this group has gained an average of 21.68% so far this year, meaning that ATHM is performing better in terms of year-to-date returns.

ATHM will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.


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